Author Archive

REALTORS® Reported More Contracts Were Settled on Time from January—March 2017 Compared to Past Years

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the past three months, think of your most recent sales contract that was either settled/closed or terminated. Please explain how the deal concluded (settled, delayed,...

Distressed Sales Slid to Six Percent of Residential Sales in March 2017

With rising home values, improved economic conditions, and fewer foreclosures, the share of sales of distressed properties has generally continued to decline. Distressed sales accounted for six percent of sales in March 2017 (seven percent in February 2017; eight...

REALTORS®’ Expect Continued Home Price Growth in Most States in the Next 12 Months

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?” Among...

REALTORS® Continue to Expect “Strong” Market Conditions in the Next Six Months

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members, “What are your expectations for the housing market over the next six months compared to the current state of the market in the neighborhood(s) or...

Properties Typically Sold Faster at 34 Days in March 2017 Amid Tight Supply

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “For the last house that you closed in the past month, how long was it on the market from listing time to the time the...